5 STEPS To Invest In Your 30s To Be WEALTHY In Your 40s

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  • เผยแพร่เมื่อ 2 ต.ค. 2024

ความคิดเห็น • 642

  • @MinorityMindset
    @MinorityMindset  3 ปีที่แล้ว +85

    Thank you for watching! If you enjoyed this video, you should watch - Passive Income Ideas You Can Start TODAY: th-cam.com/video/_nDPP6CWTPE/w-d-xo.html

    • @kaosaetern3429
      @kaosaetern3429 3 ปีที่แล้ว +1

      +++

    • @lifepresent3183
      @lifepresent3183 3 ปีที่แล้ว +3

      Jaspreet, you are so amazing and have helped us so much. I think after watching you for 2 months, I have decided to get my first few ETFs. You are a blessing indeed and I hope you know you have changed my life in a powerful way. Some people in life, like you ,are far more blessed than the majority. I always saw this in you from day 1. I just want to say, remember, love is it's own reward and so is helping others, and giving. 🙌🏼I can only write this , but I can never repay you for all the inside and info you've gave us. I wish you happiness because success is already yours sir. ❤️ coming from Texas✌🏽😎

    • @applechili2848
      @applechili2848 2 ปีที่แล้ว

      You’re amazing. Minority mindset is putting out some great information. If you’re looking to supercharge your guac don’t skimp on the insurance pieces.
      There are savings & wealth building pieces inside the insurances that help while living, additionally during this pandemic era, there are income & LTC benefits if someone were to become disabled/unable to work.
      This is an essential, tax free, building block for potential earners.
      Keep doing what you do; looking forward to hearing more.

    • @myrlandedesir27
      @myrlandedesir27 2 ปีที่แล้ว

      I follow the steps and didn’t received the email.

    • @dakotacarney1735
      @dakotacarney1735 2 ปีที่แล้ว +1

      Thank you kind sir for your wise advice!!!! You are so right about the modern day American consumer culture!! As an American myself I cna say everybody seems to be influenced by quite a few things such as social media, celebrities, jealousy, Ads whether it be tv or radio ads or any for that matter. Some of the advice I've heard before from my grandfather who is a financial advice guru and has given me many talks of advice to live within our means and separate wants from needs. Some advice you said I've needed for who knows how long and I'm glad I know what you have taught so far!! I'm slowly trying to get to where I can live comfortable. I would like to be wealthy but I would like to at least get to where I can live comfortably instead of paycheck to paycheck. You sir are a wise man. God bless!!

  • @clarkdunshee
    @clarkdunshee ปีที่แล้ว +229

    Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 13 months and l've accumulated over $700K in pure profits from DCA’ing into stocks, ETFs, dividends and futures. However I’ve been in the red for a while now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait.

    • @sommersalt88
      @sommersalt88 ปีที่แล้ว +3

      I completely agree. I have been consistent with my profit regardless of the market conditions. I got into the market early in 2019 and the constant downtrends and losses discouraged me, so I sold off. I got back in December 2020 and this time with guidance from an investment adviser who was recommended by a popular economist on a popular forum. Long story short, it's been years now and l've gained over $850k following guidance from my investment advisor.

    • @Americanpatriot723
      @Americanpatriot723 ปีที่แล้ว

      Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation

    • @sommersalt88
      @sommersalt88 ปีที่แล้ว +5

      The thing is, I really don't like to make such recommendations. But there are plenty of independent investment advisers you can check out. I've been working with "LISA ELLEN SHAW" for about three years now. She has made decent returns for me and I believe she has the qualifications and expertise to achieve your goals. If she meets your objectives, you can continue. Always carry out your due diligence before starting out with anyone.

    • @Ammo-Hoarder
      @Ammo-Hoarder ปีที่แล้ว +1

      Thanks a lot for this. I really needed the recommendation, and I would love to move my funds from an existing mutual fund. I'll check her out.

  • @harleycartley3138
    @harleycartley3138 ปีที่แล้ว +33

    Great video Jaspreet, I believe who didn't start inventing in his/her 30's (like me), kicking off in the early 40's is a MUST! One needs time to see the power of compounding make its magic. If one hasn't started in his/her 30's, unfortunately that ship has sailed, but waste no more time and start investing right the hell NOW! It doesn't matter how small one starts investing, but start. I started 5 years ago with the help of my FA James Fletcher Brennan and i'm very close to hitting a million soon

    • @donaldlocher2537
      @donaldlocher2537 ปีที่แล้ว

      you mentioned a broker you work with, i just looked him up and i have a question, does he work under commission?

    • @harleycartley3138
      @harleycartley3138 ปีที่แล้ว

      @@donaldlocher2537 yes, he works only on commission

    • @donaldlocher2537
      @donaldlocher2537 ปีที่แล้ว

      @@harleycartley3138 thanks for the tip, you've made my day!

    • @harleycartley3138
      @harleycartley3138 ปีที่แล้ว

      @@donaldlocher2537 you're welcome

    • @xxlalbatross3287
      @xxlalbatross3287 ปีที่แล้ว

      you looks more like early 20's !!! 😉

  • @grant9047
    @grant9047 3 ปีที่แล้ว +523

    Hey Jespreet thanks to you I have 3300 in an emergency fund for the first time in my life.

  • @brilynn417
    @brilynn417 2 ปีที่แล้ว +113

    Watching this in my 20s so I can be wealthy in my 30s 😌

    • @Brokeloco
      @Brokeloco 2 ปีที่แล้ว +16

      Say no to every thing.. live with your parents as long as possible invest 98% of your money in high risk ass stocks .. trust me it worked for me

    • @jeremymeyer5552
      @jeremymeyer5552 2 ปีที่แล้ว +3

      Own something and charge other people rent, instead of buying high risk stocks just buy the index. Don't live it up but budget in some fun or you will be miserable.

    • @nitsuanomrah6997
      @nitsuanomrah6997 ปีที่แล้ว

      @@Brokeloco lol trust me bro

  • @ayndeg5944
    @ayndeg5944 ปีที่แล้ว +12

    I wish I knew this when I was 20's, hopefully not too late now too. Thank you for the valuble lessons you provide. Love it.

  • @SU9ERCHARGED
    @SU9ERCHARGED 3 ปีที่แล้ว +9

    Gotta spend money to make money. I started a side hustle and I’ve spend a good amount on it and having patience helps to pay off. I’m not the best at what I do but I do take the time to learn from others.

  • @ericgorecki9347
    @ericgorecki9347 ปีที่แล้ว +1

    I love how he does not blame others....so many these days blame situations and they dont realize that that is not what is holding them back.....its their mindset

  • @chrisanthony3560
    @chrisanthony3560 2 ปีที่แล้ว +28

    Buy a good cross section of an economy and you should do well over the long term. The market wil be high in 10 to 20 years, and significantly higher in 30. It's almost impossible for a company with no debt to go bankrupt.the U.S. is about 50% of the global market place, Pay yourself first. It's time in the market, not timing the market. last year I invested 100 grand in the S&P 500/ an allocation fund (with the help of my advisor Rita Wildrin Mora of course) and made 370k, but guess what? I put it back and traded with her again and now I’m rounding up close to a million.

  • @avagarcia6961
    @avagarcia6961 2 ปีที่แล้ว +152

    I’m not good doing it alone but getting into the market has been my best decision so far in my road to financial independence as it turned out lucrative for me.

    • @sophiamiller2682
      @sophiamiller2682 2 ปีที่แล้ว +1

      Great stuff. I watch several youtube videos on how to trade in the stock market but haven't made any headstart because they are either talking some gibberish or sharing their story of how they made it and I do not want to make mistakes by taking risks in my own hands.

    • @nicolescott5700
      @nicolescott5700 2 ปีที่แล้ว +1

      Have you considered consulting an investment advisor or using a portfolio manager?

    • @sophiamiller2682
      @sophiamiller2682 2 ปีที่แล้ว +1

      hi, no I haven't do you know any or can you point me in the right direction?

    • @stephenwalters2605
      @stephenwalters2605 2 ปีที่แล้ว +1

      kathy genelle britton

    • @stephenwalters2605
      @stephenwalters2605 2 ปีที่แล้ว +1

      Kathy Genelle Britton is one of the trader I have ever worked with in the past few years, she knows how best to deal with whatever market situation.

  • @LilMsCreepyPasta
    @LilMsCreepyPasta 2 ปีที่แล้ว +20

    I have $80k in my savings account, time to stop fearing investment and just.. do it I guess.

    • @adrian3747_
      @adrian3747_ 2 ปีที่แล้ว +1

      Damn i wanna that much savings too. Im turning 32 and only got $30K w/ debts and car payments. Renting apartment too 💀

    • @Brokeloco
      @Brokeloco 2 ปีที่แล้ว

      Let me borrow $75000.. lol 😂 you can keep 5k for emergency fund .. I promise to pay you back without interest.. next year

  • @emilyjones1882
    @emilyjones1882 3 ปีที่แล้ว +37

    That makes sense, good thing is, people are getting to know Cash is thrash! It is designed to fail. 3 BEST and surprisingly easy ways to double your cash in 2021; Real Estates, Gold, who can guess the 3rd?

    • @chriswilliams2061
      @chriswilliams2061 3 ปีที่แล้ว +8

      @Martha Lucas That's impressive, I have tried doing that on my own for a while now but have been unlucky. Who is this professional that you worked with?

    • @davidblakes4952
      @davidblakes4952 3 ปีที่แล้ว +7

      @Martha Lucas Wow I know this pretty little lady. Met her once at a fundraiser in Dallas. Great speaker.

    • @hildredscali1754
      @hildredscali1754 3 ปีที่แล้ว +4

      Stripping?
      Go fund me?
      lol

    • @burrussroger7352
      @burrussroger7352 3 ปีที่แล้ว +2

      @Martha Lucas A colleague of said she put in 60k into her firm and she doubled it months... Been meaning to check her out cos she has to be truly amazing to do that

    • @tacocat510
      @tacocat510 3 ปีที่แล้ว +1

      Guac stock!!!!!

  • @Je.rone_
    @Je.rone_ 3 ปีที่แล้ว +35

    anyone reading this, i wish you success, fulfillment, wealth, and a life with no regrets

  • @savedhayden
    @savedhayden 2 ปีที่แล้ว +49

    I love your contents. My question. Besides Real Estates, Stocks and Crypto is there any other relatively easy but legal way to make money nowadays?

    • @malvinalemire9628
      @malvinalemire9628 2 ปีที่แล้ว +21

      Has to be stock!!! I made so much money through it last year. Retiring without any worries

    • @davidblakes4952
      @davidblakes4952 2 ปีที่แล้ว +16

      @@malvinalemire9628 That's really impressive. Have tried doing that on my own without any luck for sometime now. Who is this professional you worked with please

    • @malvinalemire9628
      @malvinalemire9628 2 ปีที่แล้ว +20

      @@davidblakes4952 "Kara Kay Nixon", she was in the news when she revived Grumac in 2018. You can look-her up online to get more info

    • @dannywalters958
      @dannywalters958 2 ปีที่แล้ว +16

      Multi level marketing.

    • @winstonwawrzyniak3925
      @winstonwawrzyniak3925 2 ปีที่แล้ว +14

      @@malvinalemire9628 Wow I know this pretty little lady. Met her once at a fundraiser in Dallas. Great speaker.

  • @theandyreactions9620
    @theandyreactions9620 2 ปีที่แล้ว +6

    These long videos are great for a morning walk 💯 thanks MM

    • @Brokeloco
      @Brokeloco 2 ปีที่แล้ว +1

      I drive all the way to Canada every morning form Erie Pennsylvania.. and I watch all of his videos he’s like the money Messiah preaching the financial gospel

  • @lindadevine9513
    @lindadevine9513 3 ปีที่แล้ว +19

    Please Jaspreet can you make a video on 40 year olds whow to become wealth by there 50's . my his hand and I are late to the game we suck!

    • @tnatstrat7495
      @tnatstrat7495 3 ปีที่แล้ว +7

      Its the same thing.
      This video isn't any different to the advice he gives 20 year olds.

  • @MB-sf9mc
    @MB-sf9mc 2 ปีที่แล้ว +3

    Will you please, make a similar video for other age groups? Starting investing at 40s

  • @simmsw1
    @simmsw1 2 ปีที่แล้ว +4

    Jespreet.. please do a video for those who are 40 and are just learning about investments and want to be wealthy by 60yrs old...please..Thanks

    • @Benzo_Yo91
      @Benzo_Yo91 2 ปีที่แล้ว

      By my knowledge just apply the same pressure as the 30yr old

  • @Locke19901
    @Locke19901 ปีที่แล้ว +1

    I love the extra guac analogy, that really should resonate with people

  • @greeneclipse8088
    @greeneclipse8088 3 ปีที่แล้ว +43

    I'm only 23, but this is all still relevant. I bought my first property and own dividend stocks so far. I live by my saying "Live poor, be rich". By living like I'm broke I'm able to save over a grand a month with a $15 an hour job!

    • @acekhmer
      @acekhmer 3 ปีที่แล้ว +5

      What state are you in that you can buy a house with 15 an hr? Im from cali and thats not possible at all

    • @greeneclipse8088
      @greeneclipse8088 3 ปีที่แล้ว

      @@acekhmer Right next door to you, AZ!

    • @billybob6469
      @billybob6469 3 ปีที่แล้ว +3

      How do you own a home live and save a grand making only 2400 a month before taxes! 😂 serious question

    • @billybob6469
      @billybob6469 3 ปีที่แล้ว +1

      Arizona ain’t even that cheap unless maybe your living in the middle of the desert or something

    • @chriss4365
      @chriss4365 3 ปีที่แล้ว +3

      what bank would give a 23 year old a mortgage? You barely have any credit history.

  • @EllieGabby
    @EllieGabby 3 ปีที่แล้ว +145

    I am 64,retired a net worth of $2 million. and currently travelling the world with my partner.I've loved the FIRE movement,planned for it and I did it! You can do that too.

    • @Parker-vr7jq
      @Parker-vr7jq 3 ปีที่แล้ว +2

      Whats fire movement?

    • @EllieGabby
      @EllieGabby 3 ปีที่แล้ว +12

      @@Parker-vr7jq FIRE means -Financial Independence Retire Early. It's a movement that guides people on a favourable early retirement

    • @daleeverett5264
      @daleeverett5264 3 ปีที่แล้ว +4

      Can you share more tips on this,am also working towards improving my finances.

    • @Parker-vr7jq
      @Parker-vr7jq 3 ปีที่แล้ว +1

      @Rosi Guzma Thanks for the response,I'll do more research and read up about this.

    • @EllieGabby
      @EllieGabby 3 ปีที่แล้ว +2

      @@daleeverett5264 Plan towards it,save up(For IRA) and make some investments

  • @kevincarrigan2798
    @kevincarrigan2798 2 ปีที่แล้ว +5

    The goal is to start by the time you are 30, and feel SECURE enough by the time you are in your 40s to make decisions that you WANT to.

  • @simplelifeq
    @simplelifeq 2 ปีที่แล้ว

    this is the first channel to put my mind straight off all those I have been with. I was to skip it but somehow, something inside of me made me get at think. I am recommending this to all my friends and family, I am going to put this on every night as my 2 years old son sleeps and feed his subconscious mind with it.
    Thank you so much GOD bless you in all things.

  • @MrMrrx110
    @MrMrrx110 2 ปีที่แล้ว +2

    You really have all the points to making money down to the T . Great delivery and I share it to my friends and family. In my view you a like a Superhero. You save people from all the bad habits they have causing them to loose money and stay broke. Love your style Jaspreet!

  • @jcw4099
    @jcw4099 2 ปีที่แล้ว +4

    My son is 15 my daughter is 12 I just assigned them this video as homework to review and take notes and both of them individually will review their notes with me

  • @moniqueweb3136
    @moniqueweb3136 2 ปีที่แล้ว +4

    I’m in 40’s and I’m just now learning about money management and investing. What could I do to build wealth.

    • @Brokeloco
      @Brokeloco 2 ปีที่แล้ว +3

      Train .. your self to say no to everyone and everything that try’s to spend your money ..
      Live with your parents until they kick you out ..
      Invest 98% of your money in high risk stocks like Amazon ..
      Dress like a 1980s Harlem panhandler until your bank account can actually surpass the Jones’s .. oh and most importantly obey god and Pay 10% tide

  • @HeartThrobFAE
    @HeartThrobFAE 2 ปีที่แล้ว +13

    I love this channel. I listen and listen again. My side hustle is overtime. Just got promoted so all that extra income is going into investments. I live broke so I can grow my wealth.

  • @Brokeloco
    @Brokeloco 2 ปีที่แล้ว +1

    Jaspreet Your the best financial TH-camr.. you make Canada so proud.. with all your wisdom thank you for representing us..

  • @rosedarla5166
    @rosedarla5166 3 ปีที่แล้ว +18

    I'm investing in crypto now, this new price is a clear sign for new investors to come in ✅✅.

    • @austinraymond811
      @austinraymond811 3 ปีที่แล้ว

      Yeah this is absolutely the best time to buy and invest.

    • @markdaves7778
      @markdaves7778 3 ปีที่แล้ว

      @@austinraymond811 Perfect you buy when the market is low to get profit when it rises.

    • @lindapark997
      @lindapark997 3 ปีที่แล้ว

      Crypto is the future, trading Crypto has become a very lucrative way of making money.

    • @princepickford7797
      @princepickford7797 3 ปีที่แล้ว

      I wanted to trade crypto but i got discouraged by the fluctuations in price.

    • @cleverelizabeth2317
      @cleverelizabeth2317 3 ปีที่แล้ว

      That won't bother you if you trade a professional like Expert George Soros.

  • @yahrite1458
    @yahrite1458 3 ปีที่แล้ว +13

    No jaspreet we are wondering how in the world you are making guacamole with a quarter avocado!!!!!!!!!

  • @TrainerAQ
    @TrainerAQ 3 ปีที่แล้ว +17

    That's true. I met so many Millionaires in my life, flying on a little airline called Cape Air. It's the reason I became motivated to actually become wealthy in life.

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 3 ปีที่แล้ว +27

    Jaspreet spreading hope and practical knowledge while the media is spreading gloom and dependency. That’s why this channel is great.

    • @hadleycontractor496
      @hadleycontractor496 3 ปีที่แล้ว +9

      did you actually watch the video? im guessing no as you posted 2 minutes after it launched and its a 90 min video,
      if you are going to use these peoples work as a platform for you to spam you should at least play their video in the background tab so they get the view just sayin

    • @appleforever6664
      @appleforever6664 3 ปีที่แล้ว +6

      Casey the Spammer works on Sundays too! 😂

    • @appleforever6664
      @appleforever6664 3 ปีที่แล้ว +5

      @@hadleycontractor496 - Thank you! Casey is the biggest spammer on the internet! Spams on Dave Ramsey, Valuetainment!

    • @rlopez2626
      @rlopez2626 3 ปีที่แล้ว +5

      Here we go again! Jaspreet, please don’t be fooled and understand that Casey is a Spammer! He doesn’t take the time to watch your videos. Quickly posts in hope to get likes and subs!

    • @rlopez2626
      @rlopez2626 3 ปีที่แล้ว +5

      @@hadleycontractor496 - Agreed! This guy spams everyday and almost every financial channel!

  • @JennJennJenn-zf4nh
    @JennJennJenn-zf4nh ปีที่แล้ว +4

    Investors cannot predict the future in negative markets since they always bring in a new set of enterprises to purchase and watch while laying the groundwork for a new successful ascent. Which stocks are the best to add to a watch list or buy right now? I've seen news stories of folks making up to $250k during the recession.

    • @KimmyBusinessEnterprise
      @KimmyBusinessEnterprise ปีที่แล้ว

      @@mohican-jx6fx -I completely agree; I used to handle all of my investing and was quite good at it. After the epidemic, my portfolio has regularly lost money, and the profit rate is at its lowest level. I then called a coach I had seen on Business Week, who rebuilt my portfolio, and over the ensuing years, I was able to increase my initial $210K income to over $850K.

    • @SlParkerlee
      @SlParkerlee ปีที่แล้ว +1

      @@mohican-jx6fx -I agree; I used to oversee all of my assets and was pretty good at it. Post-pandemic, my portfolio is continuously in the red and the profit rate is at its lowest. That's when I contacted a coach I'd seen on Business Week, who rebuilt my portfolio, and over the ensuing few years, I made over $850k from an initial $210K...

  • @DrTopLiftDPT
    @DrTopLiftDPT 3 ปีที่แล้ว +34

    I Can Do All Things Through Christ Who Strengthens Me

    • @companyman4713
      @companyman4713 3 ปีที่แล้ว

      I know how to be abased, and I know how to abound. Everywhere and in all things I have learned both to be full and to be hungry, both to abound and to suffer need.

  • @daysax
    @daysax 2 ปีที่แล้ว +2

    Just turned 29. Perfect time to start watching.

    • @benddover3093
      @benddover3093 2 ปีที่แล้ว

      I hope so because I just turned 28 and I feel extremely late hope I can make it happen while having 2 kiddos

  • @legacyopp9318
    @legacyopp9318 2 ปีที่แล้ว +1

    Fantastic education. Easy to follow. The one liners and jokes are hilarious yet really hit home.

  • @lanniehernandez5078
    @lanniehernandez5078 3 ปีที่แล้ว +15

    Can you make a video on how to invest in your 40s next? Thanks!!

    • @krystof2206
      @krystof2206 3 ปีที่แล้ว +6

      Its a 10 year time span, so its regardless if yo 20, 30, 35, 40 or 50 + should not matter. What matters, regardless of your age you start now. Anyway thats what I started when 61y. I see improvements and I know I’ll be heaps better when 70y+. Maybe not as much if I started at 30 or 35. Actually, I started with $0 when 42y. Came a long way, have house a Mercedes Benz. Still paying for house, otherwise debt free and some up my sleeve for a holiday…….or keep it (money)working longer for better and longer holiday or something else bit later on. 👍🏼

  • @tylerkeogh4906
    @tylerkeogh4906 3 ปีที่แล้ว +17

    Hey man, not going to go into it but... You change lives, thank you

    • @lifepresent3183
      @lifepresent3183 3 ปีที่แล้ว +1

      👏🏼😃 For the record , I second that motion.

  • @leifleoden5464
    @leifleoden5464 2 ปีที่แล้ว +5

    I'm starting to feel like "Bundy" isn't a hypothetical cousin...

  • @JesseQuickEats
    @JesseQuickEats 2 ปีที่แล้ว

    Just started watching your videos. Thank you for no ads. and great information.

  • @rayhage3971
    @rayhage3971 2 ปีที่แล้ว +2

    thanks for this video! im almost 40, but i am confident i can be wealthy in the next 2-3 months!

    • @justme-nt5vf
      @justme-nt5vf 2 ปีที่แล้ว +1

      Went from 20k to 300k+ In 8 months... If i can do it, so can you 💪

    • @yuhcgte
      @yuhcgte 2 ปีที่แล้ว

      Same here almost 40.. how you doing on becoming wealthy so far?

    • @bgriffin117
      @bgriffin117 ปีที่แล้ว

      @@justme-nt5vf that’s awesome!!! Please share how you did it?

    • @justme-nt5vf
      @justme-nt5vf ปีที่แล้ว

      Feel free to reach out on IG

    • @justme-nt5vf
      @justme-nt5vf ปีที่แล้ว

      "Shalliebae"

  • @peggythepirate1737
    @peggythepirate1737 2 ปีที่แล้ว

    15:05 reminds me of a disappointed friend but encouraging me and detailing their support and how we are going to get through this together.

  • @FadiGamingRP
    @FadiGamingRP 3 ปีที่แล้ว +29

    Jaspreet if people didn't buy the latest iPhone how will my apple investment make returns 😀😀🤣

    • @Yugiboii
      @Yugiboii 3 ปีที่แล้ว +1

      😂😂😂

    • @Chillfam
      @Chillfam 2 ปีที่แล้ว +4

      IPhone is not for you. It's for broke people who loves to show off.

    • @Brokeloco
      @Brokeloco 2 ปีที่แล้ว

      Hahaha 😝

  • @jasonpark1556
    @jasonpark1556 3 ปีที่แล้ว +17

    21 year old, my net worth is currently 33k most of it is in crypto, I think the crypto market has more upside than the stock market currently but as the market gets bigger I'll start moving to stocks

    • @krystof2206
      @krystof2206 3 ปีที่แล้ว +5

      At 21 you on the right track. Just be careful, the more money you have the more people will be after your money. Not just hand outs but …I have this great investment system, let me help you to double, triple your money “easy” the only people doubling and tripling their money are these people promising investments/ systems to make you rich. Stick to what you know and keep on learning how to do better. Its on you not parasites promising pot at the end of the rainbow that only they know how to get there. Well done, Stay on track. 👍🏼

    • @rootstriker1618
      @rootstriker1618 2 ปีที่แล้ว +1

      Nice keep selling drugs bro best way to make money when ur young . Lol

    • @jasonpark1556
      @jasonpark1556 2 ปีที่แล้ว +1

      @@rootstriker1618 sorry I only consume drugs, I don't distribute them like some lowlife criminal

    • @cardough550
      @cardough550 2 ปีที่แล้ว +1

      So how much did you start off with and what coins does your portfolio consist of??

  • @in-God-we-trust
    @in-God-we-trust 2 ปีที่แล้ว +7

    I LOVE THIS VIDEO!!!!
    GOODNESS GRACIOUS... lots of people need to hear this. They have yet to learn how to work harder for a better living.
    It all starts in the mind.
    Blessings and Merry Christmas to all.
    PS- I highly recommend reading "Think & Grow Rich" by Napoleon Hill

  • @siniousike
    @siniousike 3 ปีที่แล้ว +6

    Idk y but this video made me want Chipotle

  • @andrewgibson7386
    @andrewgibson7386 ปีที่แล้ว

    Thanks for all the knowledge Sir

  • @edvin109
    @edvin109 2 ปีที่แล้ว

    I was wealthy at 39 and the market dragged me down.. I feel poor, now om donating plasma and keep buying stocks with the extra money

  • @phatasticmeemo
    @phatasticmeemo 3 ปีที่แล้ว +12

    This is so informative and well presented I didn’t even realize an hour and half went by 😅

  • @MsLinaPeanut
    @MsLinaPeanut 3 ปีที่แล้ว +24

    Honesty! This has got to be one of your best videos. Everything you said I’m in agreement with. You speak the truth. And you are very helpful. Thank you so much for all your help and guidance. Truly appreciate it! It all begin with your mindset

  • @raphy6
    @raphy6 ปีที่แล้ว

    Im enjoying your videos a lot. There is lots of great information here and I thank you for making this. Cheers from Montreal Canada.

  • @happymack6605
    @happymack6605 3 ปีที่แล้ว +28

    Self made poverty: I want extra guac with every meal.

  • @littleluna6556
    @littleluna6556 2 ปีที่แล้ว +1

    I have 60k sitting in my bank account right now. I'm 29. How should I invest this to be most beneficial long term?

  • @thebradderlife
    @thebradderlife 3 ปีที่แล้ว +5

    Notice when people talks about self made rich people they never mention billionaires that can actually enact change. They 100% all inherited that money. But I understand the whole of the message

  • @24kgoldbuffalo35
    @24kgoldbuffalo35 2 ปีที่แล้ว +7

    Bro...this channel is a true blessing to any middle class person around the world.

  • @TheJ3r3m1ahpelfreezy
    @TheJ3r3m1ahpelfreezy 3 ปีที่แล้ว +8

    So many people complain about being broke, pointing fingers won't get you rich.

  • @Mrslykid1992
    @Mrslykid1992 3 ปีที่แล้ว +19

    I don't want be wealthy. I just want to wind surf all day and go fishing.

    • @acekhmer
      @acekhmer 3 ปีที่แล้ว +2

      Thats sounds like a good life

    • @fosterthesose
      @fosterthesose 3 ปีที่แล้ว +5

      Being wealthy can come in different forms. There is yours right there. Being able to go windsurfing, fishing and pursuing other passions in life is definitely one of the highest meanings of being wealthy. :)

    • @Mrslykid1992
      @Mrslykid1992 3 ปีที่แล้ว +3

      @@fosterthesose I just want cover my bills and taxes. That's it everything else is a luxury I don't need. Just give me a fishing rod or cast net. Along with boogie board. That's my day.

    • @treemoon6394
      @treemoon6394 3 ปีที่แล้ว +2

      See the world..

  • @yolaiine99
    @yolaiine99 2 ปีที่แล้ว

    I admired all you're doing here, to educate us. You did open my eyes a lot. Thank you! But I listen, to you about your teaching, regarding "life insurance are thief.
    I had lived to know. I had lost 2 life insurance.
    Long-time life insurance is the key.
    Also, I find out there are 4 types of insurance.

  • @benforwho
    @benforwho 3 ปีที่แล้ว +31

    Im thinking im screwed in my 50s at this point. Love this channel especially if i was 20! Go Jaspreet!👍

    • @justinmatthews9378
      @justinmatthews9378 2 ปีที่แล้ว +18

      It’s never to late ⏰. You’d be amazed how many people got wealthy after there 50’s and 60’s one name Is the KFC guy started at 60.

    • @juanduran3986
      @juanduran3986 2 ปีที่แล้ว +5

      Also the guy that bought McDonald's. There's a movie about it. He was in his 50s I believe. Just watch the movie it was actually pretty good

    • @sasmills
      @sasmills 2 ปีที่แล้ว +12

      You can be 65 in a much better place than you were TEN YEARS AGO, or you can be 65 in literally the exact same place. Up to you

    • @petey611
      @petey611 2 ปีที่แล้ว +7

      I'm 30 and I feel like that!

    • @TANQ31
      @TANQ31 2 ปีที่แล้ว +11

      You're never screwed! It's always a good time to start paddling the boat in the right direction my friend. Don't give up, because if you put your head down for 15 years, you can have SS income and a small retirement income for yourself. might even be something as small as affording your favorite dessert once a month in old age. Or being able to go on a trip in your 70s. Or maybe its leaving a little something for a charity or family. The possibilities are endless and you are in your 50s with experience and the know how to make the next 15 years count!!!!! GO FOR IT ROCK!!

  • @doughheadboy
    @doughheadboy 2 ปีที่แล้ว +1

    Man this the the exact advice I needed to hear 💯

  • @TheS65
    @TheS65 3 ปีที่แล้ว +11

    Damn, bro, where were you with this content when I was in my 30’s ten years ago blowing money fast living the YOLO life😩

    • @usman828
      @usman828 3 ปีที่แล้ว +2

      Never too late

  • @Curlylemur
    @Curlylemur 2 ปีที่แล้ว +33

    I'm a first generation citizen here and have never considered investing until last year.(I am 24 years old) Before that I only heard stories of 2008 and how many individuals where able to take benefit from the crash. I jumped right in last year when the pandemic happened. With with my investments last year I was able get a downpayment for a house and still have more money left over then my initial investment, plus I was able to accumulate 5000 worth of crypto from investing last year! I am going to keep on building! Love the Minority mindset!

  • @AmandeepSingh-of9vh
    @AmandeepSingh-of9vh 2 ปีที่แล้ว +5

    Thanks Jaspreet. That BMW example is exactly my situation. Worst decision so far, and i highly recommend people to watch this video and your old videos to learn and not make same mistake as me. I am trying to remove that debt as fast as possible but obviously this well take time. Not a smart decision on my end. I love your videos and highly promote the financial education from your channel.

    • @dollyheliado5802
      @dollyheliado5802 ปีที่แล้ว

      You give the best ability to save and give back to others if you become wealthy ❤❤😂😂🎉🎉

  • @CryptoCore121
    @CryptoCore121 3 ปีที่แล้ว +19

    Long videos but always good information to hear! I’ve caught myself living this way out of being raised up this way but I had to teach myself the investing part.. glad I finally started! Keep up the good work! Great videos!

  • @Thessalin
    @Thessalin 3 ปีที่แล้ว +10

    Okay. Got it. Build a time machine. Go back 30 years. Start investing! This channel is so awesome!
    But seriously- listen to him young whipper snappers! Don't be like me and all old busted and broke!

  • @shuteforyourgoals5132
    @shuteforyourgoals5132 2 ปีที่แล้ว +1

    Thank you for always reminding me to smash that like button. I almost forgot. 👍

  • @serdarmohammedi3317
    @serdarmohammedi3317 ปีที่แล้ว

    I love your videos buddy. Keep up the good work 👍

  • @aliceinganjaland
    @aliceinganjaland 2 ปีที่แล้ว

    You’re incredible 🙏🏽✨ gratitude

  • @FulcanelliRosetta
    @FulcanelliRosetta 2 ปีที่แล้ว

    Good way I thought to phrase it is, "it's hard to save yourself if you're playing the role of the victim." Complaining and blaming doesn't change anything and you only have control over your own thoughts.

  • @Malaki727
    @Malaki727 3 ปีที่แล้ว +5

    You really like guacamole huh!! ?

  • @soundmoneystacker2787
    @soundmoneystacker2787 3 ปีที่แล้ว +4

    i have a nice car but i also have the same wardrobe since highschool my rent is cheap and invest crazy live below my means

  • @niclacy9066
    @niclacy9066 3 ปีที่แล้ว +29

    Do you have anything for investors starting in their 40s? Appreciate it!

    • @Defy_Convention
      @Defy_Convention 3 ปีที่แล้ว +8

      Save as much as possible and buy shares of an s&p index fund during dips/corrections. Same advice for any age really.

    • @acxezknightnite1377
      @acxezknightnite1377 3 ปีที่แล้ว +5

      I started in my mid-forties. Bought an investment property to rent out. Since then I’ve gone on to buy two more, forming the main income I have. Gave up my day job, do a bit of work now for extra funds. It can definitely be done.

    • @LuchadorEMC
      @LuchadorEMC 3 ปีที่แล้ว +3

      5 steps to invest in your 40s to become WEALTHY in your 50s

    • @charletfoster8917
      @charletfoster8917 3 ปีที่แล้ว

      Agree

  • @joesalvatore1407
    @joesalvatore1407 3 ปีที่แล้ว +11

    I'm confused........."money cant buy you happiness, but money can buy you guacamole". Let's be honest here...... me being able to buy guacamole = happiness.

    • @lifepresent3183
      @lifepresent3183 3 ปีที่แล้ว +1

      The true , true, true thing is... money can't buy you happiness.

  • @Ajstash
    @Ajstash 3 ปีที่แล้ว +4

    I feel you on the car stuff but personaly I need a nice car to motivate me to make money lol I know that sounds weird but ain’t nothing like having something nice to pull up in but I make enough to pay for my shit though it’s 580$ /M I have ok crypto/stock investments all together around 20k and in my actual bank account I got 6k n I’m 24 am I doin good or is there other things I can do to secure myself for long term that’s better ?

    • @dreydubb9478
      @dreydubb9478 3 ปีที่แล้ว +1

      U doing damn good, better than me at that age. If that fancy car is what motivates u then shit keep doing u cuz not everything works for everybody. I do say though, broaden yo portfolio a lil n have different investments. Don't be a consumer... "the rich spend like they're poor." N don't waste time or money tryna impress people, especially if they don't really care about u. Keep the drive alive 👍

  • @ltgemini1599
    @ltgemini1599 2 ปีที่แล้ว

    I only get guac when its free! Tastes so much better, too!

  • @harikrishnanchandramohan4209
    @harikrishnanchandramohan4209 2 ปีที่แล้ว +1

    @Minority Mindset: Assuming you get a steady income of 10% of your 100 million capital from index funds. Now if you get an opportunity to star in a multi million dollar movie franchise or a ceo of a company like google, would you reject it saying it is 9-5 job?

  • @camilleferland9773
    @camilleferland9773 2 ปีที่แล้ว +1

    If you get the vegetarian option at Chipotle, the guac is included! 😛 🤯 🌯

  • @jimmyfjam
    @jimmyfjam 3 ปีที่แล้ว +3

    Love your channel thanks for the great content wish you had some advice for parents too. Reality hits hard and being broke during the pandemic has been hard.

  • @nickdoyle-achievefinancial2464
    @nickdoyle-achievefinancial2464 3 ปีที่แล้ว +11

    Deferred gratification is very important. It's difficult to take the first couple steps. After a several years, the progress will be mind blowing.

    • @lavender1742
      @lavender1742 3 ปีที่แล้ว +1

      I think this is exactly where lot of people struggle. I even see it in my own children because they’ve never had to struggle. We busted our butts to make sure they didn’t grow up in the struggle so now they have no understanding. Clearly I messed up somewhere and I’m trying to get them to hear like me now how important delaying gratification is! Nowadays it’s a rare life skill

  • @LoloLolo-nv1wg
    @LoloLolo-nv1wg ปีที่แล้ว

    It is 10 years ago

  • @greentoolsnyc3985
    @greentoolsnyc3985 3 ปีที่แล้ว +1

    Those 💎 hands break bulbs careful

  • @andreblake3563
    @andreblake3563 2 ปีที่แล้ว +2

    Can you make a video about starting at 40 & wealthy at 50’s?

  • @sixfive8840
    @sixfive8840 3 ปีที่แล้ว +2

    don't have kids

  • @soundmoneystacker2787
    @soundmoneystacker2787 2 ปีที่แล้ว

    I have a new car but I use it for my work and side hustles

  • @Rick-Brar26
    @Rick-Brar26 2 ปีที่แล้ว

    Bhaji u inspired me to investing
    Thanks for information

  • @kenderosa8528
    @kenderosa8528 3 ปีที่แล้ว +1

    I like guac but I never pay for it

  • @michaelblasius7705
    @michaelblasius7705 3 ปีที่แล้ว +9

    Focus your 20s on becoming productive while living well below your means.

  • @jessetrost7750
    @jessetrost7750 2 ปีที่แล้ว

    Sometimes you sound like you are about to hyperventilate it is ok to breathe if you need to I can wait the 3 seconds it takes

  • @gammtrix7244
    @gammtrix7244 2 ปีที่แล้ว +1

    I have about $100k and want to work it. I'm 49. Any suggestions would be awesome. Just started watching your vids to catch up

    • @gammtrix7244
      @gammtrix7244 2 ปีที่แล้ว

      How, what form of chat

    • @gammtrix7244
      @gammtrix7244 2 ปีที่แล้ว

      I'm actually looking into a rental property

  • @stiffass838
    @stiffass838 2 ปีที่แล้ว +1

    Remember: "Short term pain= Long term gain!"...and defining what's "Rich" and "Wealthy"! Excellent talk/video! However, I saw Warren Buffett the other day in that ol' Cadillac....! 🙏🏽👍🏽👌🏽

  • @rockwellantonette4238
    @rockwellantonette4238 3 ปีที่แล้ว +20

    I maintain that investing in stocks is still one of the very best means of doubling or holding your funds. Who thinks otherwise? Let’s debate. Lol

    • @sakhalittle9206
      @sakhalittle9206 3 ปีที่แล้ว +2

      I totally agree with you...being holding health for years.

    • @dr.karidouglas1312
      @dr.karidouglas1312 3 ปีที่แล้ว +1

      It’s been so wonderful after I met a Professional Stock Trader from a popular and reputable firm earlier this year. Retiring by the end of the year with absolutely no fear!

    • @user-zl5gn5lg6
      @user-zl5gn5lg6 3 ปีที่แล้ว +1

      @@dr.karidouglas1312 That’s really impressive. I have tried doing that by myself but I seem to be out of luck for sometime now. Getting fade up by the day. Tips will be appreciated. Do reply. Thanks!

    • @katrinaotto7545
      @katrinaotto7545 3 ปีที่แล้ว +1

      Living off Nasdaq stocks currently. It’s fun 😀😀😀

    • @dr.karidouglas1312
      @dr.karidouglas1312 3 ปีที่แล้ว

      I found *Sandra Yvonne Webster * on the news when she revived Manning and Napier in 2016. In all honesty, she’s an Angel indeed. You can make more inquiries about her through the web.

  • @TheBivona
    @TheBivona 3 ปีที่แล้ว +10

    Best Financial advice on TH-cam .

  • @minervagonzales3787
    @minervagonzales3787 ปีที่แล้ว +1

    U R HILARIOUS.
    WELL SAID. SO TRUE.
    LOVED your video & thank you for this TRUTHFUL lecture.
    GOD BLESS

  • @HelloThere-xs8ss
    @HelloThere-xs8ss 3 ปีที่แล้ว +11

    YOGO: you only guac once.

  • @videozoom12
    @videozoom12 2 ปีที่แล้ว +1

    Hey can we turn down the watch time. Videos were much better 10 minutes long with 5-6 minutes of repeated information. This one hour plus stuff with 58 minutes of repeat is too much.

  • @alexjag5778
    @alexjag5778 2 ปีที่แล้ว +2

    Amazing thanks for saying stuff people won’t tell a young professional

  • @Burna43
    @Burna43 ปีที่แล้ว +1

    When jaspreet says he recommends saving for big purchases, I wonder if he puts that money in an individual brokerage account for it to earn interest.

  • @TopVillain
    @TopVillain 3 ปีที่แล้ว +3

    Bro ham. This video is way to long.

  • @khatibtravelandtours1893
    @khatibtravelandtours1893 3 ปีที่แล้ว

    Thanks

  • @hismindset1968
    @hismindset1968 2 ปีที่แล้ว +2

    If I am 26 year-old boy, am I still on my 20's or something?
    😄😄😄 😁😁😁